Some of you have wondered why we recommend against you investing in the commodity ETFs GLD and SLV in your investment clubs. For your information, I've attached a sheet of instructions for the accounting and tax reporting issues you will need to handle if you ...
There is no maximum. If you reach 100, you may need to register with the SEC. Ira Smilovitz In a message dated 4/3/2012 7:39:56 P.M. Eastern Daylight Time, claude-roxie@hotmail.com writes: What is the maximum number of members allowed in an investment club?
There is no benefit to registering as an LLC, only additional costs. TDAmeritrade will accept general partnership investment clubs as clients - at least here in NJ. Ira Smilovitz In a message dated 3/30/2012 2:24:02 P.M. Eastern Daylight Time, leovalencia10@gmail.com writes: Greetings, I wonder if ...
Liability protection from what? There is no protection from your own actions and there isn't anything you will do as an investment club that would expose you to liability to others. Ira Smilovitz In a message dated 3/30/2012 2:48:21 P.M. Eastern Daylight Time, leovalencia10@gmail.com writes: ...
Greetings, I wonder if other members here are aware of any special requirements to register the Investment Club as an LLC in the state of Pennsylvania. I mean in addition to the normal requirements for a general purpose LLC. The reason for this question is ...
If you buy and sell entirely within the IRA, wash sales are irrelevant as there are no capital gains or losses to report. If you sell for a loss in a taxable account and then buy back in an IRA within the wash sale window, ...
Some of you set stop loss orders on all of your stocks and many of you may be considering them to protect some of your recent gains in the market. Just a heads up. If they trigger and you sell the stock for a loss. ...
If you're interested in finding out more about the services provided by Manifest Investing, you might be interested in attending a webinar they are doing this Saturday at 9AM ET. Everyone is invited. FInd out more here: Getting Started. What's It All About? Laurie Frederiksen ...
One of the features which is offered by E*Trade is an extensive Investor Education section. There are many short educational presentations available to anyone here: https://us.etrade.com/investor-education and, there are additional brief presentations available that you could view as an educational portion of a club meeting ...
Just a reminder that representatives from E*Trade will be doing a webinar tonight at 8:30PM ET. It's an opportunity for you to learn more about their brokerage and the special $5 Stock and Options Trades Offer they are making for bivio investment clubs. The webinar ...
The Investment Club I belong to is concerned about the amount of cash we have on hand. We presently have about 12% of our money in cash. At the moment we have not decided on another new investment. We could, of course, add to positions ...
Do any of you have a cap on the number of stocks you hold in your portfolio? If so, how do you work it. We're at about 20 and I feel that if we get to about 25 or 30 we should consider selling something ...
In a message dated 3/24/2012 3:10:40 P.M. Eastern Daylight Time, etana.finkler@gmail.com writes: Laurie and club cafe, When the Stockettes Investment Club disbanded, 2 securities were transferred to me. Is my cost basis, for tax purposes, the closing price on the day that TD Ameritrade lists ...
I am still in the trial period, but my club has committed to transferring our books (done by hand by me for the last 16 years) to online accounting through Bivio. I have entered last year's data, and so far everything matches what I did ...